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Updated Commercial Building Near Highway
For Sale
$650,000

3574 Cotton Grove Road, Lexington, NC 27292

Updated commercial building with high visibility and accessibility.

Property SizeContact for details
Days on Market314

Property Features for 3574 Cotton Grove Road

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 1954
Listing Agency: J. MARSHALL REALTY
Listed By: SAMUEL COLBERT · License #335858
Source: Corcoran
Added: Oct 12, 2025 Changed: Jul 10 Last Checked: Aug 21 at 7:57AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of J. MARSHALL REALTY

Investment Insights

Based on property information with market context.

This updated commercial building is located just off Highway 8 in Lexington, providing accessibility and visibility in a rapidly growing area. Situated between Downtown Lexington and High Rock Lake public access in Southmont, the building benefits from strong traffic exposure. According to 2023 DOT data, the main road in front sees an average of 15,500 vehicles per day, with an additional 1,700 on the side road. The property is close to major conveniences, including Food Lion and a wide range of fast food options on Highway 8. This location is suitable for establishing a retail space, office, or service-based business. The building has been recently cleaned up and renovated.

Key Highlights

  • High traffic location: Average of 15,500 vehicles per day on the main road
  • Excellent accessibility: Located just off Highway 8 and minutes from I‑85
  • Recently renovated and cleaned up

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Building Supply Plumbing Service Garden Center Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

114
Businesses Nearby
39k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 70% Shops & Services 15% Dining 12% Home Improvements & Furnishings 3%
Food Lion Grocery Store Groceries
27,022 visits/mo 0.3 miles
O'Reilly Auto Parts Shops & Services
4,106 visits/mo 0.5 miles
SUBWAY Dining
2,711 visits/mo 0.4 miles
Elizabeth's Pizza Dining
1,947 visits/mo 0.4 miles
Truist Shops & Services
1,650 visits/mo 0.4 miles

Demographics for 27292, NC

39,337
Population
18,749
Households
2.1
Avg Household Size
44
Median Age
17%
College-Educated
85%
High-School Grad
144.0 sq mi
ZIP Area
273
Density / Sq Mi
$54,468
Median Household Income
$34,776
Median Earnings
$831
Median Rent
$193,300
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Updated commercial building with high visibility and accessibility.
Where is this retail space located?
The property is located at 3574 Cotton Grove Road Lexington, NC.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: High traffic location: Average of 15,500 vehicles per day on the main road; Excellent accessibility: Located just off Highway 8 and minutes from I‑85; Recently renovated and cleaned up
More about this property
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